Overview
This webinar will break down critical inventory control techniques that ensure you never run out of stock while optimizing cost efficiency. We will explore real-world approaches used in leading supply chains, leveraging safety stock formulas, demand forecasting, and inventory performance metrics.
Why you should Attend
- Are you tired of stockouts causing lost sales and frustrated customers?
- Are your inventory levels draining cash flow and storage capacity?
- Do you feel like inventory control is a constant struggle between finance and operations?
- If you manage or influence inventory decisions, this webinar will equip you with practical methods to balance stock levels without excess cost or risk
Areas Covered in the Session
- Why Traditional Inventory Control Fails - Common mistakes and misconceptions
- Understanding Inventory Risk and Cost Trade-offs - The real financial impact of overstocking and shortages
- Safety Stock Calculations Made Easy - Practical methods to determine optimal buffer stock
- Demand Variability & Uncertainty - How to manage unpredictable demand
- How to Reduce Inventory While Ensuring Availability - Smart strategies for lean inventory management
Who Will Benefit
- Operations Managers
- Supply Chain ProfessionalsÂ
- Warehouse & Logistics Managers
- Purchasing & Procurement Officers
- Finance & Inventory Accountants
- Planners & SupervisorsÂ
- Management Consultants
Speaker Profile
Laurence Gartside founder of Rowtons Training, management consultant and lead instructor.
Laurence has a Master’s degree from the University of Cambridge and approaching two decades of experience in operations management, including 7 years as a full-time industrial operations consultant, additional years working in-house and as a freelance expert across 3 continents.
His engaging teaching style makes complex concepts easy to understand and apply, ensuring you gain the skills needed to lead with confidence and drive operational success in your business operations.
Over 110,000 students have already enrolled in one of his paid courses from 185+ countries.
Instructor
Laurence Gartside